3D Systems Corp. Profit Warning Drags Down Peers


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Stocks in the 3D printing sector fell Wednesday after market leader 3D Systems Corp. (NYSE: DDD) warned investors that its third quarter results will be lower than expected.The Rock Hill, S.C. company blamed the shortfall partly on manufacturing capacity constraints for its direct metals printers and a resulting delay in its newest consumer products.3D put third-quarter earnings at between $0.16 cents and $0.19 cents a share, on revenue between $164 million and $169 million, versus analysts' expectations for $0.21 cents a share on revenue of $186 million.3D fell more than 15 percent in afternoon trading Wednesday, to $36.85 a share.Similarly Voxeljet AG (NYSE: VJET) dropped 4 percent to $13.02 a share. The company is expected to post earnings Nov. 13. ExOne Co., (NASDAQ: XONE) expected to post results Nov. 12, was off nearly 4 percent to $20.72 a share.Stratasys, Ltd. (NASDAQ: SSYS) declined 3 percent to $116.35, with earnings expected Nov. 6. Materialise NV (NASDAQ: MTLS) shares were holding on, down just 0.4 percent at $10.25. Results are expected Nov. 13.

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